The Globe and Mail reports in its Saturday edition that money manager Daneshvar Rohinton at iA Global Asset Management is keen on Visa. The Globe's Brenda Bouw quotes Mr. Rohinton saying, "Visa is a stock we've held for about a decade and have added to in the past few weeks." The stock pulled back earlier this year when U.S. President Donald Trump proposed bringing more competition into the payment processing market. He adds: "More recently, Visa's valuation has been compressed as investors weigh risks from agent-to-agent transactions enabled by AI and stablecoins, which occur without using credit or debit cards. But I think investors are underpricing Visa's ability to adapt to a changing market as a payments industry leader. The valuation is at a 10-year low, which I believe is an opportunity for investors today." Mr. Rohinton oversees about $6.5-billion in assets. His portfolio is geared toward global dividend-paying stocks across sectors such as technology, financials and industrials. The focus on dividend-payers is based on the belief that these companies are more disciplined and thoughtful in their capital allocation. His IA Clarington Canadian Dividend Fund, Series F, has returned 33.5 per cent over the past year.